(Reuters) – TC Energy said it completed the shutdown of two compressor stations on the NOVA Gas Transmission Ltd. (NGTL) System and a gas storage facility on Saturday that were near wildfires in[...]
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June 12, 2023
Novo Nordisk invests $2.3 billion in Danish production facility
COPENHAGEN (Reuters) -Danish drugmaker Novo Nordisk will invest 15.9 billion Danish crowns ($2.29 billion) to expand a production facility in Denmark for products to treat serious chronic diseases, th[...]
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Explainer-UBS has Swiss mountain to climb with Credit Suisse
By Tomasz Janowski, Oliver Hirt and John Revill ZURICH (Reuters) – With its Credit Suisse takeover officially wrapped up, UBS must now make good on its promise that the government-orchestrated r[...]
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BioNTech faces first German lawsuit over alleged COVID vaccine side effects
By Ludwig Burger and Patricia Weiss HAMBURG (Reuters) -BioNTech will go to court on Monday to defend itself against a lawsuit from a German woman who is seeking damages for alleged side effects of its[...]
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Central banks shelve guidance, in fits and starts, as inflation reigns
By Howard Schneider, Leika Kihara, Balazs Koranyi and William Schomberg (Reuters) – Central bankers, who once considered obscurity central to their craft, are trying to wean the world from the p[...]
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China’s property sector set to be persistently weak for years -Goldman
BEIJING (Reuters) – China’s property sector is expected to grapple with “persistent weakness” for years, Goldman Sachs analysts said, adding that its problems would continue to[...]
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Temasek-backed firms buy stake in VIVA Biotech unit ahead of listing
(Reuters) -Entities backed by Singapore’s Temasek and Chinese investment firm HighLight Capital agreed to a deal worth 1.06 billion yuan ($148.7 million) for stakes in a unit of VIVA Biotech Hol[...]
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Marketmind: Markets drift ahead of central bank extravaganza
A look at the day ahead in European and global markets from Ankur Banerjee After surprise interest rate hikes from the Reserve Bank of Australia and Bank of Canada, investors are a bit nervy heading i[...]
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Westpac to layoff 300 workers in business and retail unit, says trade union
(Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at a time of strong profit growth amid rising interest rates and soaring[...]
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